Budi Starch Sweetener Tbk vs Indofood Sukses Makmur Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 935.79B, 20.1K 24h volume), while Indofood Sukses Makmur Tbk. trades at Rp6,750 (market cap 59.49T, 6.44M 24h volume). The key difference: Indofood Sukses Makmur Tbk. is far larger — about 63.6× Budi Starch Sweetener Tbk's market cap, and Indofood Sukses Makmur Tbk. is more actively traded (6.44M versus 20.1K). Which is the better fit depends on your goals.
| BUDI | INDF | |
|---|---|---|
Market Cap | 935.79B | 59.49T |
Volume | 20.1K | 6.44M |
Lot | 201 | 64.37K |
Turnover | 4.18M | 43.46B |
Average Price | 207.72 | 6,750.8 |
Value | 4.18M | 43.46B |
Indicative Equilibrium Price | 208 | 6,750 |
Indicative Equilibrium Volume | 13.8K | 2.16K |
Trailing returns across standard periods
Latest headlines on both assets
PT Budi Starch & Sweetener Tbk (the Company) formerly Budi Acid Jaya (BAJ) was established based on Notarial Deed No. 15 dated January 15, 1979 of Henk Limanow, SH., public notary in Jakarta. PT Budi Starch & Sweetener Tbk is the world`s largest tapioca starch producer. BAJ is an integrated cassava based manufacturer : citric acid, modified tapioca starch and monosodium glutamate (MSG). It also produces sulphuric acid and poly propelene woven bag.
Read more on BUDI →PT Indofood Sukses Makmur Tbk was established on August 14, 1990 under its original name PT Panganjaya Intikusuma. The Ministry of Justice in its decision letter dated July 12, 1991 approved the deed of establishment. The company’s articles of association has been amended from time to time, the latest of which was covered by notarial deed No. 149 of the same notary dated June 24, 1997 concerning, among others, the increase in the company’s authorized capital stock, the change in the company’s name from PT Indofood Sukses Makmur to PT Indofood Sukses Makmur Tbk, and the change in the company’s corporate life from limited to unlimited period. The Company started its commercial operations in 1990. The company’s shares are listed in the Jakarta and Surabaya Stock Exchanges.
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